Canaan allocates US$130M crypto reserve for buybacks
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Canaan approved a US$30 million share buyback programme funded through its US$130 million cryptocurrency reserve.
Canaan approved a US$30 million share buyback programme funded through its US$130 million cryptocurrency reserve.
Canaan increased its digital asset holdings to record levels in February, bucking an industry trend of miners selling reserves amid tightening profit margins.
